MetLife Chile Acquisition, a subsidiary of MetLife, is planning to acquire all the issued and outstanding common shares held by US holders and American depositary shares of AFP Provida for $6.14 and $92.21 per share in cash respectively. ...
Tags: MetLife Chile, Service
Indian Insurance Regulatory and Development Authority (IRDA) is mulling a proposal to allow insurance companies to offer five-years health insurance policies, in a bid to help customers by making renewal process easy. General and ...
Tags: Health Insurers, Service
Vantis Life Insurance has deployed a business process driven software suite called FAST Insurance Components to support commissions processing for its life and annuity business. FAST Insurance Components is developed by Flexible ...
Tags: Vantis Life Insurance, Insurance
American International Group (AIG) has rolled out Launch Plus 10, a new product that provides risk coverage for satellite owners and operators for the first 10-years of their satellite’s in-orbit operation. The new product will be ...
Insurance products and services provider Randall & Quilter Investment Holdings has closed the acquisition of the entire issued share capital of Woodcroft Insurance Company. Woodcroft, which has been captive insurer for John Laing, wrote ...
The New York Department of Financial Services (DFS) has ordered Lloyd's of London to furnish the comprehensive details about the findings of its internal market investigation over the potential violations of the US sanction laws, while ...
ProSight Specialty Insurance has chosen iPartners’ business intelligence and data warehouse technologies, to offer better business analytics and data management, common tools across the enterprise, and speedy value through SaaS ...
MA Assist, a UK-based provider of claims handling services for property insurers, is set to launch its new home insurance claims service, called Resilution on 2 September 2013. The new customer-centric service links an insurer's home ...
Tags: Home Insurance, property insurers
North Carolina Mutual Life Insurance has partnered with Aon Hewitt to offer free support and access to a national network of Medicare insurance products to the senior African American community through Aon Hewitt Navigators. Under the ...
Tags: Health Insurance, Life Insurance
Risk Management Services (RMS) has launched Group Errors & Omissions (E&O) insurance plan for life and health insurance agents in partnership with Gotham Insurance. The new plan, which is underwritten by Gotham Insurance, offers two ...
Tags: Insurance Plan, Insurance
American International Group (AIG) has agreed to terminate an interest rate swap agreement with Brookfield Asset Management in exchange for a payment of $905m. The agreement was part of the remaining derivatives portfolio of AIG Financial ...
Tags: Brookfield, AIG
The shareholders of American Safety Insurance Holdings (ASI) have approved the agreement and plan of merger of the company with Fairfax Bermuda Holdings. The agreement was signed on 2 June 2013, whereas it was amended on 7 August 2013. ...
Tags: Safety Insurance, Fairfax
LifeAgain Insurance Solutions, a wholly-owned subsidiary of Cardium Therapeutics, has signed a commercialisation agreement with insurance broker AgencyONE to support the development and marketing of new survivable risk life insurance ...
Chubb Insurance Company of Canada has enhanced its Canadian Masterpiece personal insurance offering, to allow its customers to personalize their insurance policies by selecting from an array of enhanced products and new optional coverages. ...
Tags: Insurance, Chubb Insurance
UK-based LV= Broker has launched an improved motorcycle insurance policy with wider coverage and enhanced underwriting to cover bikes with 600cc engines, as part of its plan to enhance its market position in the country. The new Highway ...